Ask Congress Who Owns The World's Debt

it would look to me that the right solutions are finally being openly talked about,
the following video raised my eyebrows for very good reason.

video appairs to be the financial reason why untill currencies change we will ALWAYS be in debt

is this the start of the repairing of the economy



so what would a world without usery look like?

much much better?
i like the idea of competing currencies to keep the bankers honest

xploder

individuals own the debt.

its not everyones debt.

Three.

there's still hope.

It's almost like there's an underlying feeling of major change for the good on the horizon.

People globally are realizing who the power players are/the people holding down the progression of humanity.

woo

I dont have the first clue when it comes to the economy, especially not on a global scale. However I know enough to realise the system needs a massive TWEAK to put it mildly!

While I have no clue whether a gold standard is better than fiat currency I'm not sure, all I know is that people who advocate it aren't treated too nicely (Gaddafi comes to mind). That in turn tells me there might be something to the gold standard (or attaching some other commodity to currency) if they try and eliminate it from ever emerging by toppling a leader for changing the nations currency. It sure seems they are damn serious about it.

Kudos to the guy for having the guts to come out and at least question the current system and propose an alternative instead of just blindly bashing bankers and politicians.

Alternatives are needed. Just bringing up the debate is the first step, which has been made I believe. People are beginning to realize there might be an alternative to the current financial chaos we live in.

Peace

Originally posted by Common Good
individuals own the debt.

its not everyones debt.

Three.

i ask YOU the question,
if everyone owes money that bears interest,
who or what holds that debt above our heads?

who is the holder of the trillions in debt?

xploder

Originally posted by Common Good
individuals own the debt.

its not everyones debt.

Three.

a debt that is mathmatically imposable to pay off is legally reputable

so who owns all the debt ?

third

xploder

Originally posted by Jazz87
there's still hope.

It's almost like there's an underlying feeling of major change for the good on the horizon.

People globally are realizing who the power players are/the people holding down the progression of humanity.

woo

indeed these are those who hold this planets progress as hostage,
the ones who value power and controll over the progress of the civilisation.

times are changing

xploder

Originally posted by XPLodER

Originally posted by Common Good
individuals own the debt.

its not everyones debt.

Three.

i ask YOU the question,
if everyone owes money that bears interest,
who or what holds that debt above our heads?

who is the holder of the trillions in debt?

xploder

the banks would owe the interest for fixing libour and bidding on failure.

individuals should own the premium.

?ya? na?

reply to post by Common Good

the banks would owe the interest for fixing libour and bidding on failure.

individuals should own the premium.

?ya? na?

repudiate ALL interest,
repay principal ONLY,
REMOVE the ability to create more DEBT based money,
introduce COMMODITY based alternative currency for competition

other wise an exponential explosion of debt will occour.

simple

xploder

The US debt is so large it's mathematically impossible to pay back.